Being a strategic consulting partner, our team started with a detailed analysis of requirement artifacts and conducted workshops to evaluate the right customer-product fit by preparing three hundred ability statements across policy, billing, payments, and claims. As a result, we shortlisted fifteen products in each area with our deep domain expertise working with large insurance providers for over a decade.
In addition, we conducted an initial evaluation, demos, and datasheet reviews to shortlist four products across each area for detailed demos. The key evaluation criteria included quick time-to-market, functional fit, intuitive UI, and overall implementation costs. After comparing detailed product capabilities and two-year total contractual value, we implemented timelines to recommend the ideal fit for the client’s business needs.